The IndyCar Series' new deal with ABC is worth more than the current deal, sources said. But ESPN's ability to grow the series overseas is just as important as the financial windfall. Still, the series' most hardcore fans are the least pleased by the deal.
Terms of the agreement call for the network to televise five races each year through 2018, including the Indianapolis 500.
The Bud Light name and logo will replace Hampton's all over the hotel, from the outside signage and canopies to the in-room soap, shampoo and pens.
A proposal in front of a City-County Council committee would require ticket brokers to purchase an annual license to sell tickets within one mile of an event venue.
Brownsburg officials are promising to help with year-round marketing, security and traffic control during race events, and are considering extending Ronald Reagan Parkway to make access to the track easier. And sources say the IndyCar Series might be coming to the track.
Despite losing two of its five biggest events—the NASCAR Nationwide and truck races—last month, Lucas Oil Raceway is already making plans to replace those events next summer and track officials are confident it will be profitable in 2012.
The IndyCar driver’s income is estimated at $12 million, according to Forbes.com.
Indianapolis Convention and Visitors Association CEO Leonard Hoops thinks it's high time local tourism leaders start thinking about using the Indianapolis Motor Speedway prominently in marketing materials.
The NFL is in talks with Versus to bring a package of early season Thursday night games to the cable station, possibly as early as 2012. That move would seriously legitimize Versus’ attempts to rival ESPN.
A nanny who worked for Indiana Pacers owner Herb Simon and his wife testified in a wrongful-firing case Monday that the couple knew of her tumultuous life, but decided to keep her on their staff.
The massive space in Circle Centre mall vacated by high-end retailer Nordstrom could be used to host corporate events surrounding the big game.
Future of Brickyard 400 is another weighty issue for Hulman & Co. board of directors to ponder.
The four-time NFL MVP has inked a five-year contract for $90 million, with $69 million of that paid in the first three years. The deal is structured to allow the team to sign more of its own free agents.
Bigger player payrolls under the NFL’s new collective bargaining agreement are expected to make life difficult for small-market teams like the Indianapolis Colts.
Allow me to interject this sentiment into the euphoria surrounding the agreement among the National Football League owners and players to end their labor dispute.
A study says the school earned $512 million worth of media exposure thanks to the back-to-back runs to the men’s basketball NCAA Championship game.
Indianapolis Motor Speedway CEO Jeff Belskus has an ambitious plan to “rebrand and reposition” the 18-year-old Brickyard 400 in a bid to fuel big attendance increases beginning next year.
The Pete Dye Golf Trail includes seven public courses chosen by Dye: Brickyard Crossing, The Fort Golf Resort, Maple Creek Golf & Country Club, Plum Creek Golf Club, Mystic Hills Golf Club, Kampen Course and the Pete Dye Course at French Lick.
Sources say the deal is worth about $15 million over five years—a much-needed boost for Indianapolis Motor Speedway officials struggling to stop attendance declines at the NASCAR race.
